Settlement date

Park Hotels & Resorts Inc. Announces Tender Offer for Any and All of Its 7.500% Senior Notes Due 2025

Retrieved on: 
Thursday, May 2, 2024
Settlement date, Annual report, Security (finance), Issuer, Tender offer, Expiration, Wells Fargo, Tender

The Settlement Date is currently expected to be May 16, 2024, assuming all conditions to the Tender Offer have been satisfied or waived.

Key Points: 
  • The Settlement Date is currently expected to be May 16, 2024, assuming all conditions to the Tender Offer have been satisfied or waived.
  • The Issuers presently intend to redeem any Notes that remain outstanding after consummation of the Tender Offer, but are under no obligation to do so.
  • The Issuers are making the Tender Offer only by, and pursuant to, the terms of the Tender Offer Materials.
  • Holders of the Notes must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.

Cumulus Media Announces Expiration and Final Results of Exchange Offer and Consent Solicitation

Retrieved on: 
Thursday, May 2, 2024
Exchange offer, Settlement date, CMLS, Exchange, Exercise, Senior, Old, Credit, Note, Security (finance)

The Exchange Offer expired at midnight, New York City Time, on May 1, 2024 (the "Expiration Time").

Key Points: 
  • The Exchange Offer expired at midnight, New York City Time, on May 1, 2024 (the "Expiration Time").
  • In addition, neither this announcement nor the Exchange Offer was an offer to participate in the Term Loan Exchange Offer.
  • The Exchange Offer is conditioned upon the consummation of the Term Loan Exchange Offer and there can be no assurances that the Term Loan Exchange Offer will be consummated on the terms described in the Offering Memorandum or at all.
  • The Term Loan Exchange Offer is also conditioned upon the consummation of the Exchange Offer.

Empire Communities Corp. Announces the Expiration and Results of Cash Tender Offer for Any and All 7.000% Senior Notes Due 2025

Retrieved on: 
Wednesday, April 24, 2024
Debt-to-GDP ratio, Settlement date, Tender offer

Vaughan, Ontario, April 24, 2024 (GLOBE NEWSWIRE) -- VAUGHAN, ONTARIO April 24, 2024 – Empire Communities Corp. (“Empire” or “Empire Communities”) announced today that the previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 7.000% Senior Notes due 2025 (the “2025 Notes”) expired at 5:00 p.m., New York City time, on April 23, 2024 (the “Expiration Time”).

Key Points: 
  • Vaughan, Ontario, April 24, 2024 (GLOBE NEWSWIRE) -- VAUGHAN, ONTARIO April 24, 2024 – Empire Communities Corp. (“Empire” or “Empire Communities”) announced today that the previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 7.000% Senior Notes due 2025 (the “2025 Notes”) expired at 5:00 p.m., New York City time, on April 23, 2024 (the “Expiration Time”).
  • Payment for all 2025 Notes validly tendered and accepted for purchase is expected to be made on April 29, 2024 (the “Settlement Date”).
  • Certain information regarding the 2025 Notes is set forth in the table attached.
  • Statements of intent in this press release shall not constitute a notice of redemption under the indenture governing the 2025 Notes.

Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024 With Approximately $221.6 Million Having Been Tendered

Retrieved on: 
Monday, April 22, 2024
Sale, Settlement date, Letter, Tender offer, BofA Securities, Citigroup, The Purchase Price, Tender, Cryptocurrency

4.10% Guaranteed Notes due October 1, 2024

Key Points: 
  • 4.10% Guaranteed Notes due October 1, 2024
    (1) Not including any amount of Notes submitted pursuant to the guaranteed delivery procedures described in the Offer Documents.
  • The consideration to be paid under the Tender Offer will be $994.48 per $1,000 principal amount of Notes (the “Purchase Price”), plus accrued and unpaid interest to, but not including, the Settlement Date.
  • The Tender Offer was made pursuant to the Offer to Purchase, the related Letter of Transmittal and Notice of Guaranteed Delivery.
  • The Operating Partnership intends to redeem all of the Notes that have not been tendered in the Tender Offer and the expected redemption date will be June 7, 2024.

Brandywine Realty Trust Announces Pricing Terms of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024

Retrieved on: 
Friday, April 19, 2024
Bank of America, Sale, Settlement date, Purchasing, Expiration, Tender offer, Accrued interest, BofA Securities, Citigroup, Tender, Brandywine Realty Trust, Note, Cryptocurrency

Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.

Key Points: 
  • Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.
  • Additional terms and conditions of the Tender Offer are set forth in the Tender Offer Documents.
  • Holders are urged to read the Tender Offer Documents carefully before making any decision with respect to the Tender Offer.
  • The Operating Partnership is making the Tender Offer only by, and pursuant to the terms of, the Tender Offer Documents.

Cumulus Media Announces Amendment and Extension of Withdrawal Deadline and Expiration Time for Exchange Offer and Consent Solicitation

Retrieved on: 
Friday, April 19, 2024
Exchange offer, Settlement date, Issuer, Exchange, Solicitation, Credit, Letter, Note, Security (finance)

The Exchange Offer and Consent Solicitation will expire at the Amended Expiration Time, unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at the Amended Expiration Time, unless extended or terminated.
  • In addition, neither this announcement nor the Exchange Offer is an offer to participate in the Term Loan Exchange Offer.
  • The Exchange Offer is conditioned upon the consummation of the Term Loan Exchange Offer and there can be no assurances that the Term Loan Exchange Offer will be consummated on the terms described in the Offering Memorandum or at all.
  • The Term Loan Exchange Offer is also conditioned upon the consummation of the Exchange Offer.

Cumulus Media Announces Further Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Thursday, April 18, 2024
Exchange offer, Settlement date, CMLS, Consent, Exchange, Solicitation, Senior, Letter, Note, Security (finance)

The Exchange Offer and Consent Solicitation will expire at the Newly Extended Expiration Time, unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at the Newly Extended Expiration Time, unless extended or terminated.
  • Questions or requests for assistance related to the Exchange Offer and Consent Solicitation or for additional copies of the Exchange Offer Documents may be directed to D.F.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer and Consent Solicitation.
  • The Exchange Offer and Consent Solicitation is being made solely by the Offering Memorandum.

Transocean Ltd. Announces Results of Tender Offers

Retrieved on: 
Thursday, April 18, 2024
Sale, Settlement date, CUSIP, Expiration, Date, Interest, Offers, Life insurance

(2)   Per $1,000 principal amount.

Key Points: 
  • (2)   Per $1,000 principal amount.
  • Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.
  • The withdrawal deadline for the Offers was 5:00 p.m., New York City time, on April 17, 2024 and has not been extended.
  • Accordingly, previously tendered Notes and Notes tendered after such withdrawal deadline may not be withdrawn, subject to applicable law.

Transocean Ltd. Announces the Pricing Terms of Pending Tender Offer

Retrieved on: 
Wednesday, April 17, 2024
Sale, Offers, Settlement date, Expiration, CUSIP, Interest, Note

Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.

Key Points: 
  • Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.
  • For the avoidance of doubt, interest will cease to accrue on the Settlement Date for all 2027 Notes accepted in the Offer, including any such 2027 Notes tendered through the guaranteed delivery procedures.
  • No Offer is conditioned upon any minimum principal amount of 2027 Notes or the Notes of any series being tendered nor the consummation of any other Offer.
  • The Offers are being made pursuant to the terms and conditions contained in the Offer to Purchase and Notice of Guaranteed Delivery, copies of which may be requested from the information agent for the tender offer, D.F.

Cumulus Media Announces Further Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Wednesday, April 17, 2024
Exchange offer, Settlement date, CMLS, Consent, Exchange, Solicitation, Senior, Letter, Note, Security (finance)

The Exchange Offer and Consent Solicitation will expire at the New Additionally Extended Expiration Time, unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at the New Additionally Extended Expiration Time, unless extended or terminated.
  • Questions or requests for assistance related to the Exchange Offer and Consent Solicitation or for additional copies of the Exchange Offer Documents may be directed to D.F.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer and Consent Solicitation.
  • The Exchange Offer and Consent Solicitation is being made solely by the Offering Memorandum.